Frequently Asked Questions

Having questions about flipping or land appreciation? You will find our FAQ page very helpful. We provide answers to questions you may have if you are new to investment real estate.


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Why Florida?

Pre-Construction homes in south Florida are hot. They lead to very fast appreciation and great returns on your investments. Our company specializes in finding the right builders for you that can develop villas and condos.

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Glossary Index

A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q
R - S - T - U - V - W - X - Y - Z

Warranty of Possession: This is the old "quiet enjoyment" paragraph, which of course had nothing to do with noise in and around the leased premises. It provides a warranty by Landlord that it has the legal ability to convey the possession of the premises to Tenant; the Landlord does not warrant that he owns the land. This is the essence of the landlord’s agreement and the tenant’s obligation to pay rent. This means that if the landlord breaches this warranty, it constitutes an actual or constructive eviction.

Weighted Average Rental Rates: The mean proportion or medial sum made out of the unequal rental rates in two or more buildings within a market area.

Workletter: A list of the building standard items that the landlord will contribute as part of the tenant improvements. Examples of the building standard items typically identified include: style and type of doors, lineal feet of partitions, type and quantity of lights, quality of floor coverings, number of telephone and electrical outlets, etc. The Work letter often carries a dollar value but is contrasted with a fixed dollar tenant improvement allowance that can be used at the tenant’s discretion.

Working Drawings: The set of plans for a building or project that comprise the contract documents that indicate the precise manner in which a project is to be built. This set of plans includes a set of specifications for the building or project.